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Post by Frankiesleftpeg on Aug 7, 2020 14:03:17 GMT 1
New rules on salary caps agreed for Leagues one & two to be implemented at the start of the new season. Not sure how this works if clubs have already committed to contracts that could potentially mean they break the cap.
Championship clubs still discussing it apparently.
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Post by sabailand on Aug 7, 2020 15:24:56 GMT 1
Only realistic option in the circumstances, but as mentioned still in discussion, football has lived in the land of make believe too long, reality has bitten but unfortunately in a way we wouldnt want!
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Post by Detective Boyle on Aug 7, 2020 15:26:38 GMT 1
Too late for some but great news nonetheless.
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Post by Captainslapper on Aug 7, 2020 15:27:51 GMT 1
www.bbc.co.uk/sport/football/53696424Explains the way round moving divisions and existing contracts in this article... its a bit complicated. Makes sense certainly. Probably something the championship needs to look into too.
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Post by arry11 on Aug 7, 2020 15:33:24 GMT 1
So what if you make a mint through transfers can you re-invest
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crux
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Post by crux on Aug 7, 2020 15:35:56 GMT 1
That will reduce the wages of the over 21 year olds in the championship by default. There will be a limited number of contracts available in league's 1 and 2 and they won't be paying big wages - especially for any injury prone or over 30's players.
I can see a lot of pay when you play contracts to help keep costs down. Perhaps the rise of 'zero games contracts'?
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Post by townohiofan on Aug 7, 2020 15:55:08 GMT 1
It seems like this is a soft cap system with penalties attached for going over the cap. I think this is much better than introducing a hard cap system. Hard caps make leagues tilted towards the least ambitious owners. My concern is that the penalties for going over the cap will end up going to the EFL. Instead those penalties should be distributed evenly amongst all teams to increase the cap for the following season. This needs to be seen as a balancing act between not disincentivizing ambition and promoting sustainability. If the penalties go to the EFL that will serve as a disincentive towards ambition.
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Post by Deleted on Aug 7, 2020 16:05:39 GMT 1
www.bbc.co.uk/sport/football/53696424Explains the way round moving divisions and existing contracts in this article... its a bit complicated. Makes sense certainly. Probably something the championship needs to look into too. I don't really get it...how is this enforceable, you can't have a third party (the EFL) telling clubs that employment contracts they already have with players should NOT be paid in full?? Isn't that a breach of contract which would enable players to walk away from their current deals for free and sign with other clubs?? The EFL says "transition agreements" have been incorporated for relegated clubs and players on longer-term contracts. Their statement added: "Any contract entered into on or prior to the vote will be capped at an agreed divisional average until that contract expires. "Moving forwards, clubs that are relegated will be permitted to cap all contracts at the divisional average prior to the club's relegation until those contracts expire."I assume it means if you're relegated into League 1 then your existing contracts are capped at the divisional average of the CHAMPIONSHIP?? If not, then pretty much every club being relegated into League 1 is going to lose the majority of its players, a player on a 2 year £20k a week deal in the Championship who then gets relegated isn't suddenly going to accept (and nor should they) that their wage will be capped at £2.5k a week (or whatever the League 1 average is)...they're going to walk out and sign a 3 year deal at £15k a week with a Championship club surely?
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crux
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Post by crux on Aug 7, 2020 16:23:49 GMT 1
www.bbc.co.uk/sport/football/53696424Explains the way round moving divisions and existing contracts in this article... its a bit complicated. Makes sense certainly. Probably something the championship needs to look into too. I don't really get it...how is this enforceable, you can't have a third party (the EFL) telling clubs that employment contracts they already have with players should NOT be paid in full?? Isn't that a breach of contract which would enable players to walk away from their current deals for free and sign with other clubs?? The EFL says "transition agreements" have been incorporated for relegated clubs and players on longer-term contracts. Their statement added: "Any contract entered into on or prior to the vote will be capped at an agreed divisional average until that contract expires. "Moving forwards, clubs that are relegated will be permitted to cap all contracts at the divisional average prior to the club's relegation until those contracts expire."I assume it means if you're relegated into League 1 then your existing contracts are capped at the divisional average of the CHAMPIONSHIP?? If not, then pretty much every club being relegated into League 1 is going to lose the majority of its players, a player on a 2 year £20k a week deal in the Championship who then gets relegated isn't suddenly going to accept (and nor should they) that their wage will be capped at £2.5k a week (or whatever the League 1 average is)...they're going to walk out and sign a 3 year deal at £15k a week with a Championship club surely? I'm not sure whether that is for the purposes of the salary cap figures or the actual payment. As you said, the EFL can't override an existing contract, so I suspect it's how any salary of a relegated player is counted towards the salary cap. It will make the contracts of any players we sign in this window interesting. We hopefully aren't planning on another relegation battle, but we may need to tweak the relegation clauses in new contracts.
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Post by Deleted on Aug 7, 2020 18:12:34 GMT 1
I don't really get it...how is this enforceable, you can't have a third party (the EFL) telling clubs that employment contracts they already have with players should NOT be paid in full?? Isn't that a breach of contract which would enable players to walk away from their current deals for free and sign with other clubs?? The EFL says "transition agreements" have been incorporated for relegated clubs and players on longer-term contracts. Their statement added: "Any contract entered into on or prior to the vote will be capped at an agreed divisional average until that contract expires. "Moving forwards, clubs that are relegated will be permitted to cap all contracts at the divisional average prior to the club's relegation until those contracts expire."I assume it means if you're relegated into League 1 then your existing contracts are capped at the divisional average of the CHAMPIONSHIP?? If not, then pretty much every club being relegated into League 1 is going to lose the majority of its players, a player on a 2 year £20k a week deal in the Championship who then gets relegated isn't suddenly going to accept (and nor should they) that their wage will be capped at £2.5k a week (or whatever the League 1 average is)...they're going to walk out and sign a 3 year deal at £15k a week with a Championship club surely? I'm not sure whether that is for the purposes of the salary cap figures or the actual payment. As you said, the EFL can't override an existing contract, so I suspect it's how any salary of a relegated player is counted towards the salary cap. It will make the contracts of any players we sign in this window interesting. We hopefully aren't planning on another relegation battle, but we may need to tweak the relegation clauses in new contracts. Actually yes if its just for the purposes of coming up with a figure to contribute to the declared amount then that would make some sense. Would be nice to see it clarified though.
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Post by softboy on Aug 7, 2020 18:15:16 GMT 1
Good luck with this, if the EFL cannot make FFP work they don't have a chance with this. Why not just tighten up FFP. No losses or modest losses. Conversation "We would like you to sign for us but we can only pay you £2,000 a week not the £3,000 you are asking for. However whilst you are with us you can have a company house rent free (and at the end of your contract we will sell it to you at a reduced price), a car for you and your wife as we appreciate she has to take the kids to school, and you will be able to do freelance work for any of our sponsors".
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Post by garyroberts'leftfoot on Aug 7, 2020 18:17:37 GMT 1
So what is the cap? £2.5m what?
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Post by Frankiesleftpeg on Aug 7, 2020 18:25:48 GMT 1
So what is the cap? £2.5m what? £2.5m per annum in total. In other words you can have 25 players on £2k per week approx or 1 player on 50k per week and the rest playing for the love of it.
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Post by softboy on Aug 7, 2020 18:26:02 GMT 1
Just £2.5m overall in wages/salaries (with allowances for contracts already in place). Interested to see it in the Championship in due course where Forest/Derby etc are limited to the same figure as Wycombe. Looks like there will be a lot of work for Creative Accountants.
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Post by htfc1908 on Aug 7, 2020 18:49:05 GMT 1
It'll be interesting seeing Sheff Wednesday's accounts if they get relegated with their 12 point reduction, £20 million for selling a programme sellers booth?
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Post by Mastercracker on Aug 7, 2020 18:58:57 GMT 1
Just for reference I think last time we were in league 1 our wage bill was about £10m...
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Post by crux on Aug 7, 2020 19:04:34 GMT 1
Just for reference I think last time we were in league 1 our wage bill was about £10m... and Wigan have just been relegated with an £18M wage bill. I realise they are now in Administration and it will get cut, but they were in danger of going down anyway before the late run with that size of a wage bill. Just a note on the wage cap, under 21's don't count in the figures.
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Post by ClaytonwestRobin on Aug 7, 2020 19:28:15 GMT 1
A bit of a problem for Sunderland, their wage bill is circ £27 million pa
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Post by colnevalleyblue on Aug 7, 2020 19:36:15 GMT 1
A bit of a problem for Sunderland, their wage bill is circ £27 million pa Seen alot of their fans complaining on twitter and demanding a boycott of away games. Few points - Unlikely we'll see away fans anywhere next seaaon, so that does for the boycott. If their wage budget is £27 million then I'd say the EFL have done them a favour, this will be their third year in League One now and they've overspent for years relying on a richman to write off the debt. It's got them nowhere. Eventually it would've caught up with them and theyd be heading into administration. I am suprised the budgets have been cut to such a low level but If it makes it a more level playing field then I'm all for it. I'd welcome a cap in wages at all levels in professional football.
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Post by Galpharmer on Aug 7, 2020 20:33:34 GMT 1
That will reduce the wages of the over 21 year olds in the championship by default. There will be a limited number of contracts available in league's 1 and 2 and they won't be paying big wages - especially for any injury prone or over 30's players. I can see a lot of pay when you play contracts to help keep costs down. Perhaps the rise of 'zero games contracts'? Pritchard should have had a zero games contract.
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Post by philatrickstarbuck on Aug 7, 2020 20:35:01 GMT 1
Performance related bonuses? Would that be away of getting around the cap? Appearance bonus, clean sheet bonus, goal bonus, win bonus, hair cut like a fanny bonus etc
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Post by Deleted on Aug 7, 2020 20:46:29 GMT 1
It will be interesting to see how this pans out. I personally think there should be salary caps because football finances are simply out of hand at this point. I think if they were implemented across the board it would make the leagues more competitive. However I am sure they will find some weird ways of getting around the spirit of it.
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Post by otium (EPBS) on Aug 7, 2020 20:51:38 GMT 1
New rules on salary caps agreed for Leagues one & two to be implemented at the start of the new season. Not sure how this works if clubs have already committed to contracts that could potentially mean they break the cap. Championship clubs still discussing it apparently. Is that for the squad or per player? That's how mad it all is.
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Post by softboy on Aug 7, 2020 21:02:09 GMT 1
www.bbc.co.uk/sport/football/53696424Explains the way round moving divisions and existing contracts in this article... its a bit complicated. Makes sense certainly. Probably something the championship needs to look into too. I don't really get it...how is this enforceable, you can't have a third party (the EFL) telling clubs that employment contracts they already have with players should NOT be paid in full?? Isn't that a breach of contract which would enable players to walk away from their current deals for free and sign with other clubs?? The EFL says "transition agreements" have been incorporated for relegated clubs and players on longer-term contracts. Their statement added: "Any contract entered into on or prior to the vote will be capped at an agreed divisional average until that contract expires. "Moving forwards, clubs that are relegated will be permitted to cap all contracts at the divisional average prior to the club's relegation until those contracts expire."I assume it means if you're relegated into League 1 then your existing contracts are capped at the divisional average of the CHAMPIONSHIP?? If not, then pretty much every club being relegated into League 1 is going to lose the majority of its players, a player on a 2 year £20k a week deal in the Championship who then gets relegated isn't suddenly going to accept (and nor should they) that their wage will be capped at £2.5k a week (or whatever the League 1 average is)...they're going to walk out and sign a 3 year deal at £15k a week with a Championship club surely?
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Post by softboy on Aug 7, 2020 21:04:34 GMT 1
I read this to mean that if the new Divisional Average for League 1 was say £2,500 per week and a Hull player had 3 years left on his contract of £6,000 a week his salary would immediately be reduced to £2,500 for the rest of his contract.
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Post by aca00js on Aug 7, 2020 21:09:40 GMT 1
A bit of a problem for Sunderland, their wage bill is circ £27 million pa That was a good few years ago they have it down to £12m now, allowing those current deals to count as the new average league one wage probably helped get this voted in by a few clubs.
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Post by softboy on Aug 7, 2020 21:12:50 GMT 1
Just means they have to reduce their wage bill from £27m to £2.5m overnight.
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Post by aca00js on Aug 7, 2020 21:13:08 GMT 1
I read this to mean that if the new Divisional Average for League 1 was say £2,500 per week and a Hull player had 3 years left on his contract of £6,000 a week his salary would immediately be reduced to £2,500 for the rest of his contract. I think you are right, so only £2,500 counts towards the cap. I see the talk of only have 20 over 21 players at most seems sensible but interesting how it is going to work as appearance and other match bonuses are going to count towards the cap. Plus agent fees, maybe we will finally see the players having to pay the agents fees going forward.
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Post by garyroberts'leftfoot on Aug 7, 2020 21:13:31 GMT 1
I read this to mean that if the new Divisional Average for League 1 was say £2,500 per week and a Hull player had 3 years left on his contract of £6,000 a week his salary would immediately be reduced to £2,500 for the rest of his contract. That’s not the case. They have a legal obligation to pay him £6,000 per week. The football league can’t change that.
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Post by softboy on Aug 7, 2020 21:13:44 GMT 1
or £12m to £2.5m.
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